China to Resume Approvals for Culture and Tourism Exchange Groups with Foreign Countries
China will resume the examination and approval of culture and tourism exchange groups with foreign countries from April 1, 2023. This is expected to accelerate the country’s reopening to the world and boost domestic economic recovery.
China’s Social Credit System: What Businesses Need to Know
China’s social credit system collects, aggregates, and analyzes data from businesses to create a score that determines rewards and punishments.
Chinese Advertising Law: Market Regulator Issues Guidelines on the Use of “Absolute Terms”
New guidelines for using superlatives in advertising in China set clearer boundaries for permitted use and help to reduce unfair penalties.
China Resumes Accepting Applications for Commercial Performances
China has announced it will resume accepting applications for foreign performers to come to China, enabling the revival of the foreign performance and entertainment market.
2023 Two Sessions in China: How the State Council Has Been Restructured and Why
Under the State Council restructuring plan, there are major changes to the scope and functions of some government bodies and new ministries will be set up to strengthen regulatory oversight.
What to Expect from China’s 2023 Two Sessions and Government Work Report
With the 2023 Two Sessions starting this weekend, we discuss possible outcomes for the economy, industry, regional policy, and foreign investment.
How China Intends to Reduce the Cost of Government Tender Bidding Transactions
China is reforming the government tender process and intends to lower the cost of bidding, which will also facilitate more SME involvement.
Is China Urging SOEs to Phase Out ‘Big Four’?
Some global news outlets have reported that China is pushing SOEs to phase out the Big Four. We discuss the claims and their potential consequences as well as China’s denial published in the local media.